How the economic progress of a country is shaped by the productivity of its labour force? What are the ways to enhance productivity? Also elaborate on the role played by the technology. 10 marks

Mentor’s comment-
  • https://www.thehindu.com/opinion/lead/fixing-the-rules-of-the-economy/article33024404.ece
  • In the intro, mention how economic progress depends on productivity and not the population.
  • In the body, explain the definition of productivity and how small but skilled labour force match the ability of a large number of unskilled workers and contribute more to the economy. In the next part, mention the importance of enhancing the productivity of the labour force and mention the example of Japan in this regard. In the next part, elaborate on the role played by the technology which could augment as well as replace the workforce and its implications for the economy.
  • Conclude by mentioning the need to enhance productivity to achieve economic prosperity.
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3 years ago

Please review (dragonnitesshaolin09@gmail.com)

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3 years ago

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